Traditional costing systems are not the best answer for every company. Sometimes a traditional system can mask significant differences in its real cost structure. New management tools have been developed that allow businesses to gather more accurate data for decision-making purposes, including activity-based costing (ABC). The content and organization of this chapter are as follows:

CHAPTER REVIEW

Traditional Costing And Activity-Based Costing

(L.O. 1) Often the most difficult part of computing accurate ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training,
learning paths, books, interactive tutorials, and more.